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NIA ROO Investments LLC Acquires Industrial Building In Wallingford For $1.7 Million

Property Image
SOLD
$1,700,000

Connecticut

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Industrial20,672 SF
Sold 09/29/2025
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SOLD

NIA ROO Investments LLC Acquires Industrial Building In Wallingford For $1.7 Million

856 North Main Street Extension

See Similar Deals
Industrial20,672 SF
Sold 09/29/2025
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Summary

CONNECTICUT
Asset Type:Industrial
Price Per Square Foot:$82
Total Square Footage:20,672 SF
Transaction Type:Sale

An industrial building located at 856 North Main Street Extension in Wallingford, CT, has been sold for $1,700,000. The property spans 20,672 square feet, resulting in a price per square foot of $82.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,700,000
  • Address: 856 North Main Street Extension
  • Market: Wallingford, CT
  • Square Footage: 20,672
  • Price Per Square Foot: $82
  • Buyer: NIA ROO Investments LLC
  • Seller: Jakx, LLC
  • Buyer's Representative: Victoria DePaolo - Farmingbury Real Estate
  • Seller's Representatives: Frank Hird & Sam Crampton - O,R&L Commercial

The transaction involved NIA ROO Investments LLC as the buyer and Jakx, LLC as the seller, with Victoria DePaolo representing the buyer and Frank Hird along with Sam Crampton representing the seller in the deal.

Players

Frank Hird
5 deals$15.8M volume
BROKER


O,R&L Commercial
BROKERAGE

Details

SOLD
IMAGE: 09/29/2025 ADDRESS: 856 North Main Street Extension MARKET: Wallingford, CT ASSET TYPE: Industrial BUYER: NIA ROO Investments LLC SELLER: Jakx, LLC BUYER'S REP: Victoria DePaolo - Farmingbury Real Estate SELLER'S REP: Frank Hird & Sam Crampton - O,R&L Commercial SALE PRICE: $1,700,000 SF: 20,672 ~ PPSF: $82 NOTE: A 20,672-square-foot industrial building at 856 North Main Street Ext. in Wallingford sold for $1.7 million, according to O,R&L Commercial. Jakx, LLC was represented by O,R&L’s Frank Hird and Sam Crampton, while NIA ROO Investments LLC was represented by Victoria DePaolo of Farmingbury Real Estate.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$90,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41